MON Pops 17% While RSI Yells 'Slow Down!' — Moonward Bound?

Monad [MON] has been absolutely crushing it lately, blasting past local resistance levels like they weren't even there. That breakout above the psychological $0.03 mark? Accompanied by volume picking up — classic conviction signal.

Here's the tea: the RSI just spiked to 75, landing squarely in overbought territory. For those who missed crypto class, that means this token is more overheated than a validator during a gas war. Typically means a short-term correction could be incoming, but the overall structure? Still very bullish. RSI screams "slow down" while price says "hold my beer."

The key levels to watch have been $0.0169 and $0.031 since December. MON managed to break its bullish internal structure on the 1-day chart back on February 14th — because nothing says romance like a breakout — and has been printing higher lows ever since. Textbook uptrend behavior. This thing is basically doing a stairway to heaven, except the stairs are green candles.

Looking ahead: once $0.0314 falls, the next target is that $0.046-$0.048 supply zone sitting just below the all-time high. That's the promised land, folks. The ATH is so close you can almost taste it — or maybe that's just the leverage.

On the liquidation front, there's not much long liquidation buildup — that steady March uptrend didn't give bears much time to pile in. The bears have been hiding under their desks like scared puppies. The nearest liquidity cluster to the south sits at $0.025, with a bigger pocket at $0.02-$0.0218. Between $0.025 and the current price around $0.035? Pretty much a vacuum of notable long liquidations. It's a desert out there for anyone trying to get rekt.

But here's the interesting part: short liquidations up to $0.04 could provide fuel for a short squeeze in the coming days. Picture this: overleveraged bears sweating bullets as MON keeps climbing. Delicious chaos.

On the 1-hour chart, demand zones at $0.03 and $0.033 might get retested short-term — traders could wait for a pullback to these areas and expect the uptrend to resume. Buy the dip, they say. This might be the dip they're talking about.

One heads up: dropping below $0.02912 would break the 1-hour bullish swing structure and serve as the first warning that the higher timeframe trend might be headed for a retracement — or potentially a failed breakout past $0.0314. That's the "I told you so" level. Don't say we didn't warn you.

Watch those levels. Closely.